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Charles Schwab's Crypto Plans Add Fuel To Post-Earnings Rally
Benzingaยท 2025-07-21 18:12
Charles Schwab SCHW shares gained on Monday after the company reported stronger-than-expected second-quarter results on Friday, surpassing analyst consensus estimates for both adjusted earnings per share and revenue.The robust performance has prompted leading Wall Street analysts, including those from JP Morgan and Goldman Sachs, to re-rate the stock and raise their price forecasts, citing strong fundamentals, increased trading activity, and strategic growth initiatives, including the upcoming launch of Bit ...